The money came to Schroeder in the form of business loans and mortgages, the suit said.

The assemblyman failed to make payments due Aug. 1, the complaints said. Gary Redish, the attorney representing Oritani Bank, told Westwood-Hillsdale Patch that Schroeder had been late on payments before, but had always caught up in the past.

The bank isn't the only one accusing Schroeder of failing to pay back loans. Earlier this month, Councilman Joseph D'Urso also filed suit against the assemblyman, who allegedly owes the councilman $330,000 in loans, interest and fees.

Bergen County Democrats have called for Schroeder to resign from the Assembly over the criminal charges he faces of passing $400,000 in bad checks to investors in his company. They have also asked the county Republican organization to return $40,000 in donations from Schroeder.